Retirees can use £1,500 from their pension pots to pay for financial advice from April, it was announced this afternoon.

The FSCS has revealed a list of 24 failed firms in the investments and pensions sector.

The CISI has announced it will increase prices by 5% across the majority of products, including exams, study materials and membership.

A Sipps expert has criticised guidance on complying with the new capital adequacy rules, describing some of it as “very vague”.

Employers have been urged by the Government not to overlook hiring staff who are nearer retirement age.

Workers ditch their plans to use a pay increase to contribute more into their pension within four weeks of a rise, research has suggested.

The replacement for the Money Advice Service will drop the word advice from its name, the organisation’s chief executive believes.

Legal action has begun against some employers for auto-enrolment failures, as the regulator revealed it used its powers 10,000 times in the last quarter.

Consolidator advice firms have failed to “consistently show that clients’ needs were suitably considered”.

The newly rebranded Tilney Group has begun its recruitment drive, as it again stressed its desire to find “highly skilled and professional Financial Planners”.